The WSJ reports that the “Obama administration is prepared to expand a new set of economic sanctions against Russia if the country doesn’t take steps to end Ukraine’s conflict.”
They cited an unnamed official would said more firms and harsher measures against firms are possible.
Obama administration officials are prepared to take more extreme steps if necessary that could have a broader economic impact to force Russian cooperation, the official said.
I think that’s the right move by the US. Russia has to do whatever it can to end the conflict and some pressure from corporate Russia would help.
Then again, I’m not sure Putin cares.